KNOWLEDGE & INSIGHTS

Start Easy Eagle Development, Corp. (SEED, Corp.) Unites With NewBridge Services to Expand Affordable Housing

The boards of trustees of Start Easy Eagle Development, Corp. (SEED, Corp.) and NewBridge Services, Inc. are pleased to announce that NewBridge has assumed sponsorship responsibility of SEED, Corp. and its related LLC’s, effective Dec. 9, 2010.

Combining the talents and expertise of the two organizations has created a relationship that furthers the mission of providing permanent affordable housing to residents of northern New Jersey who are homeless, have low incomes or have other special needs.

SEED, Corp. will maintain its standing as a 501(c)(3) housing development company as an affiliate corporation of NewBridge. SEED, Corp. will continue to implement its activities related to properties, contracts and funding awards.

The new relationship, ratified by the leadership of both organizations and reflected in their bylaws, concentrates the strengths of SEED, Corp. and NewBridge to meet the needs of clients in these challenging economic times.

Please see below for new contact information and a brief history of both organizations. If you have questions, contact NewBridge Executive Director, Robert L. Parker at (973) 839-2520.

Sincerely,

Please note SEED’s new corporate mailing address:

Package Delivery Address:

SEED, Corp.

c/o NewBridge Services

7 Industrial Road

Pequannock, NJ 07440

About NewBridge Services

Founded in 1963, NewBridge Services, Inc. is a nonprofit 501 (c)(3) community organization providing innovative programs and education services in five focus areas: mental health, addiction, housing, youth programs and senior services. Whether guiding people as they cope with stress, grief, or substance abuse, or providing advice to those with parenting, relationship or caregiving challenges, NewBridge helps people bring balance to their lives.

About Start Easy Eagle Development Corp.

Founded in 2007, SEED, Corp. has developed 36 units of affordable housing for individuals and families in Bergen, Essex, Hudson and Sussex counties. SEED, Corp. currently has funding awards to develop 30 units over the next 24 months.